Power Move Plus VS Octopus' DFS Scheme

They get points not money though,  so likely an internal conversion?

I thought the £1.00 was not worth the effort. My target of 0.5kwh would mean if I used no power for one and a half hours I would be rewarded with 50p! In the middle of the current Power Move scheme. 

The National grid rate to suppliers is £3-6.00 I believe.

@alinbongo54 yes I understand that but it clearly says 3200 points  octopoints which is worth £4.

I am already using 50% less than other similar households, could this be why I never get am invite to plus?

Did you opt in?  I'm a low user but do get invites...

My target is 0.2kwh. Can anyone explain how I can earn some money by getting 1 kWh below this. 

Mine is also very low (.05).

Impossible in my mind. I'm not bothering.

FYI the DFS rate set for 23/24 is £3/kWh as you can see in the link below unless different rates are published somewhere else.

https://www.nationalgrideso.com/news/demand-flexibility-service-approved-202324-winter

One difference may be that Ovo are the only one of the big energy suppliers that don’t have a generating capacity but offering below the DFS rate without any explanation is not going to inspire people to get involved. As I’m already on Power Move (and doing well) my usage during peak times (which are the times when PM+ is likely to be offered) is fairly minimal anyway. Running a simulation of what I could earn is likely to be less than £1 a month. One of the items in the link says is that the margins in Europe are broadly improved this year so I take this as being fewer events to participate in. I’ll pass!

Peter

The PM+ (Demand Flexibility Scheme) reward is pro-rata, so if you save 0.2kWh below your target during the PM+ event then you would get 0.2x the 1 kWh reward.

With todays (29th Nov) event that would earn you 0.2x £1 = 20 pence.
Of course for you personally to save that 0.2kWh would mean using no powere at all during the event.

The PM+ (Demand Flexibility Scheme) is not really aimed at those of us who have a low use anyway.

The Demand Flexibility Scheme (called Power Move Plus at OVO) is all about reducing energy use during short periods of predicted ‘emergency’ demand situations, to protect the National Grid from overload - so it’s those higher users who can reduce their usage by more that it’s aimed at.

Ive got a target of 0.2kwh this time (0.1kwh previously) and my average usage for previous 10 days is 0.187kwh for the 1.5hr period. Ive got one exceptional day in there otherwise i would have had 0.149 kwh. Knowing i got down to 0.07kwh on the last test with only the overnight basics on am i right with my calculation below

0.187 kwh average for 1.5 hr period for previous 10 days

- 0.1 or 0.11 (i alternate 0.3 and 0.4 each half hr on nothing but absolute minimum)

= 0.087 or 0.077

So on that basis if they round up i would get 9p or 8p!

I got 21p last time. Really not worth sitting in dark and cold.